We may never have expected to see the day when the announcement that monthly revenue collections had come in 16.7 percent below the prior year and 20.8 percent below the certified estimate would be taken as good news. But after the pummeling that revenue collections have suffered over the past 12 months,Treasurer Scott Meacham may be forgiven for putting a positive spin on January collections that were announced Tuesday:
Meacham said January’s numbers are somewhat encouraging, even though they remain below prior year collections and the official estimate.
“We’re not out of the woods yet, but we are seeing some positive movement,” he said.
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